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grey market
Brief
Sales of High-End Smartphones In Grey Market in India Causing A Loss Of Rs 2,500 Cr. Every Year!
Versha Rai
-
July 22, 2019
The sales of high-end mobile phones in the grey market have been causing an estimated loss of Rs. 2500 crore each year, as claimed by India Cellular & Electronics Association (ICEA). At present, a basic customs duty of 20%...
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